Russia - Using grain stocks
Russia may be forced to expedite grain imports and sales from state stockpiles to ease “tight” supply in drought-hit regions, SovEcon said.
“Massive imports as well as intervention sales may ease the tension,” the Moscow-based researcher said on its website today. The government may be forced to start sales from 9.64 million metric-ton stockpiles earlier than planned, SovEcon said. Sales could begin in March, according to the country’s Agriculture Ministry.
Russia, which lost 38 percent of its grain crop in this year’s drought and banned exports through July 1, is facing difficulties delivering surplus grain from seven regions in the south and Siberia to the drought-hit areas, SovEcon said. Feed- grain supply is “particularly” tight...
“Massive imports as well as intervention sales may ease the tension,” the Moscow-based researcher said on its website today. The government may be forced to start sales from 9.64 million metric-ton stockpiles earlier than planned, SovEcon said. Sales could begin in March, according to the country’s Agriculture Ministry.
Russia, which lost 38 percent of its grain crop in this year’s drought and banned exports through July 1, is facing difficulties delivering surplus grain from seven regions in the south and Siberia to the drought-hit areas, SovEcon said. Feed- grain supply is “particularly” tight...
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